Tag Archives: audioBoom

Audioboom announced a contract renewal of “one of Audioboom’s most popular entertainment podcasts” for 24 months. For whatever reason, Audioboom didn’t actually include the name of the podcast. From the press release (which was posted on January 24, 2019):

The board of Audioboom, the leading global podcast company, is pleased to announce that the Company has renewed an exclusive sales and distribution contract with one of Audioboom’s most popular entertainment podcasts for 24 months, which includes the opportunity to work with the content partner on further podcasts projects together. Over the past year this podcast has been downloaded more than 140 million times, and during 2019 Audioboom sold more than 98% of the available advertising inventory against this podcast.

The Company’s content funding guarantee facility announced on 17 June 2019 with SPV Investments Ltd (the “SPV”) – a special purpose vehicle owned equally by Michael Tobin, the Company’s Chairman and Candy Ventures sarl, the Company’s largest shareholder – will be used to provide a guarantee of US $1.75 million in relation to this contract renewal…

There is more to this announcement from Audioboom, but none of made it clear to me what podcast Audioboom is referring to. Personally, I do not understand why the name of the podcast that Audiboom identifies as its “most popular entertainment podcast” would be referred to in such a vague way. We are left with nothing more than speculation about what podcast that might be.

There has been an update in the continuing saga of audioBoom and Triton Digital. Audioboom has managed to raise funding in an effort to secure its operational capital.

Previously, the deal between the two companies was that audioBoom would buy Triton Digital for $185 million in a reverse takeover. Later, it was reported by Radio Ink that “due to insufficient funds, that deal is off and audioBoom is in jeopardy of shutting down.”

RAINN News provides an easy-to-understand explanation of a May 25, 2018, filing on the London Stock Exchange website regarding audiBoom. The company was able to raise 500,000 GBP from an existing investor. The investor is Candy Ventures. Nick Candy is the 90% shareholder of Candy Ventures.

The loan from Candy Ventures is in convertible notes. The announcement says the loan is “pending the completion” of audioBoom’s “current equity fundraise, which is being undertaken to provide additional working capital, investment in additional podcasting content and other growth initiatives.” The deadline to convert the loan notes is set at June 30, 2018.

Earlier this year, Audioboom bought Triton Digital for $185 million dollars in a reverse takeover. Now, just a few months later, that deal has ended. I haven’t been able to find a direct announcement about this from either Audioboom or Triton Digital. That being said, there are other articles out there that have additional information about what happened.

Radio Ink reported: “Due to insufficient funds, that deal is off and Audioboom is in jeopardy of shutting down.”

Radio Ink also reported that Audioboom was now looking for new funding so it can invest in additional podcasting content and for working capital. In addition, Audioboom now owes Triton Digital a “Break Fee” of just under $1 million, which must be paid by June 13, 2018.

Radio and Television Business Report reported: “With the dissolution of the Triton deal, Audioboom CEO Rob Proctor remains in his role.” The article also included quotes from Rob Proctor. The most significant portion of those quotes is the following:

“The further reduction in the number of smaller, unsustainable podcasts on our platform will allow us to further reduce our monthly operating costs. Overall, Audioboom continues to run a tighter, more compact operation, which will ultimately lead to a stronger more vibrant business.”

The wording in that quote from Audioboom CEO Rob Proctor appears to be making some of the podcasters who have their podcasts on Audioboom a bit nervous. Will their show be considered “smaller” and “unsustainable”? Will their show be among the podcasts Audioboom wants to reduce?

If your podcast is on Audioboom, and you are anxious about what may happen to your show if Audioboom is unable to obtain new funding, it might be time to make a change. Start looking at other companies that host podcasts just in case you have to find a new home for your show.

In case you missed it, Audioboom bought Triton Digital in February of 2018 for $185 million dollars. This was done as a reverse takeover – which is defined as a takeover of a public company by a smaller company. InsideRadio described this situation as “a major shakeup in the digital audio industry.”

Audioboom is a podcasting platform. They have a team to help podcasters make the most of their content. Audioboom builds tools to host, monetize, and distribute a podcaster’s show. Triton Digital is the global technology and services leader to the digital audio and podcast industry.

InsideRadio reported on February 13, 2018, that Audioboom was buying Triton Digital in a reverse takeover. Under the proposed deal, Audioboom will buy the share capital of Triton Digital’s parent company, Triton Digital Canada, Inc., for $185 million. The combined company will be renamed Triton Digital Group.

Triton CEO Neal Schore will be named president and CEO of the combined company, while Audioboom CEO Robert Proctor is named executive director. Triton CEO Mark Rosenbaum will become executive VP and CFO.

The purchase is subject to shareholder approval. It is also contingent upon Audioboom raising around $215 million in new shares to fund the deal, and on executing a share purchase agreement. I assume that if the deal falls apart, we will likely see news of that somewhere online.

Night Call(debuts February 5, 2018) Tune in as Grantland writer Molly Lambert, Drunk History storyteller Tess Lynch and New York Magazine film critic Emily Yoshida keep you company on “lonely nights and strange days,” chatting about everything on their minds, whether it’s pop culture, internet culture or even half-baked conspiracies.

You can leave a message on the Night Call hotline and get their advice on life, love and everything in between – even the coming apocalypse.

Empty Frames (debuts February 6, 2018) One of the most mind-boggling, unsolved art heists of our time involves nearly half a billion dollars of works by Rembrandt, Vermeer, Degas, Manet, and more, lifted from the Isabella Stewart Gardner Museum on Saint Patrick’s Day in 1990 by two men dressed as police.

Join Lance Reenstierna and Tim Pilleri (producers and co-hosts of hit true crime podcasts Missing Maura Murray and Crawlspace) as they take a deeper look into the case, exploring the most interesting theories and the socioeconomic impact of this unsolved mystery.

Mafia (debuts February 7, 2018) Host Fleet Cooper takes a journey into the underworld of organized crime, exploring the rise and fall of the most notorious mobsters in history. Each episode delves into the rise and fall of another famous mobster – from Charles “Lucky” Luciano and John Gotti, to Donnie Brasco, “Bugsy” Siegal and Dutch Schultz.

Empty Frames, Mafia, and Night Call join Casefile, Undisclosed, No Such Thing As A Fish, Astonishing Legends, and other top podcasts on the audioBoom platform.

AudioBoom announced that can no longer provide accounts for free. Current users who have been enjoying ad-free channels at no cost will be asked to pay a $9.99 monthly subscription fee starting October 2, 2017.

It is time for podcasters who have audio on audioBoom to make some decisions. Stay with it and pay a subscription fee? Or move your audio elsewhere.

Those who want to add additional podcasts can visit their audioBoom dashboard and follow the instructions to purchase subscriptions for additional podcasts at $9.99 per month each.

What happens if you exceed 10K plays per month? “Your account will continue to work as normal, though audioBoom reserves the right to move you to a bespoke subscription plan or a free, advertising supported, account by a certain date.” If you decline to take up that offer, your account will become private and you will no longer be able to upload new content.

However, your RSS feed and web embeds will continue to work for a period of 1 month, and after 36 months, your account will be deleted (including your old podcasts and your RSS feeds). AudioBoom recommends that you arrange for the redirection of your RSS feeds, download your old podcasts and back them up elsewhere, before that period expires. You can contact audioBoom support for help in redirecting your RSS feeds to any new podcast provider.

What if you don’t want to pay for a new subscription and instead choose to do nothing? In that situation, audioBoom states “If you take no action, then after 2nd October 2017, you will no longer be able to upload new content and your account will become private.”

AudioBoom will enable distribution of your existing content for one month so that all your RSS feeds and web embed continue to work for that period. After 36 months from August 30, 2017, your account will be deleted (including your old podcasts and your RSS feeds).

The changes audioBoom made to their Terms have already gone into effect (on August 30, 2017). Some of the changes include information regarding their subscription fee.

Their Content Policy now states: “We value your voice, but we also need to restrain any abuses that could threaten our ability to provide our services and the freedom of expression it encourages.” All podcasts that you upload to audioBoom must comply with the Content Policy.

If you currently have an audioBoom account, more details about the new changes will appear immediately after you log in. As for me, I chose to delete my audioBoom account (after downloading the few pieces of audio I put there) because I haven’t used the service since 2010. Those who are very active on audioBoom have a choice to make: pay for a subscription, or move your audio elsewhere before October 2, 2017.

Television personality, entrepreneur and New York Times best-selling author, Nicole “Snooki” Polizzi, and makeup artist and stylist Joey Camasta announced the debut of their new podcast, It’s Happening with Snooki & Joey. The podcast launches in partnership with AudioBoom.

AudioBoom is a global podcasting platform that consolidates the business of on-demand audio, making content accessible, wide-reaching and profitable for podcasters, advertisers, and brands. It’s Happening with Snooki & Joey is a weekly, hour-long show that features celebrity interviews, hilarious and informative takes on the latest news and trends, and an inside look into the hosts’ day-to-day lives.

AudioBoom is rolling out an original content network, featuring an eclectic mix of high-quality and celebrity-driven podcast. The partnership with AudioBoom, and hosts Nicole Polizzi and Joey Camasta signals a new direction for AudioBoom which will co-produce the It’s Happening with Snooki & Joey podcast in addition to handling digital distribution and ad sales for the show.

The podcast will be available on Apple Podcasts, Google Play, Spotify and wherever podcasts are available. The first episode premiered on Thursday, July 13, 2017. It featured Nicole Polizzi’s “Jersey Shore” co-star Mike “The Situation” Sorrentino as their first guest.

Previously, Nicole Polizzi hosted the Naturally Nicole podcast. I found it on acast. Interestingly, the acast information describes Naturally Nicole as “By PodcastOne”. But, when I tried looking for it on PodcastOne, the website says “This content is no longer available, but here are some others that you might like.”

AudioBoom has launched a new lineup of original, on-demand audio content. In addition to hosting, distributing, and monetizing content, audioBoom will debut five new podcasts.

The launch marks the company’s first wave of original podcasts featuring a mix of shows in the following categories: Arts, Comedy, News & Politics, and Society & Culture. This growing network will also provide greater advertising option for audioBoom’s brand partners.

Newly launched audioBoom original podcasts include:

The 45th premiered on February 26, 2017. It is hosted by Rabia Chaudry (former public advocate for Serial‘s Adnan Syed and host of Undisclosed) and features legal professionals Susan Simpson and Sarah Basha. The 45th provides a deeper dive and closer look at the latest developments out of the White House.

Very Bad Wordspremiered on June 14, 2017. It is hosted by WNYC radio producer Matt Fidler. He reaches out to experts, linguists, and historians to explore forbidden words and their cultural significance. He includes personal stories and interviews to help shed light on the power of bad words.

Inbox is scheduled to premier in July of 2017. It is hosted by UBC Theater-trained comedians Nicole Drespel and Matt Stroup. They invite celebrity guests to the show and then riff on the emails they find in the guest’s inbox. Nicole has written for Netflix Original “Wet Hot American Summer” and “The Chris Gethard Show”. Matt is a writer for NBC Sports and Rotoworld.

Mission to Zyxx is scheduled for September of 2017. It is hosted by producers/comedians Alden Ford, Seth Lind, and Jeremy Bent. They play an unlikely trio exploring the far reaches of the galaxy in this audio fiction, improvisational comedy show.

FORK is also scheduled for September 2017. It is hosted by Cassie House, the wife of filmmaker and podcast creator Payne Lindsey (Up and Vanished, and Sworn). The podcast is in the true crime genre, and it introduces listeners to people who have come to a crosswords, revisiting the circumstances and choices that saved their lives.

AudioBoom announced two strategic partnerships – with iHeartRadio and with Spike TV – demonstrating the company’s continued growth and focus to provide users with the ability to make content far-reaching, as well as deliver interesting and engaging audio content.

Through its collaboration with iHeartRadio, iHeartMedia’s all-in-one digital music, podcasting, and live-streaming radio service, podcasters who use audioBoom’s platform to host and distribute on-demand audio content will now have the option to reach iHeartRadio’s 95 million registered users.This partnership will provide an avenue for increased visibility, as well as audience and revenue growth.